Nothing innovative here, it will probably go down to where it should be (price of gold), it will also go down if the price of BTC will raise. The hashrate should only pass 20GH/s if the BTC price goes up..

So basically you should mine and sell as long as it's profitable

BTC's price going down, it will reach 200$ ~ 300$ in few month

Don't hold your breath

But i share ur opinion, Midas's price will back to Gold's price, or maybe +10%

Nothing innovative here, it will probably go down to where it should be (price of gold), it will also go down if the price of BTC will raise. The hashrate should only pass 20GH/s if the BTC price goes up..

So basically you should mine and sell as long as it's profitable

BTC's price going down, it will reach 200$ ~ 300$ in few month

Don't hold your breath

The current BTC downfall is a result of Alibaba IPO, and most Chinese people are buying Alibaba stock atm

I sent my coin from the pool to the wallet, trying to send to exchange from wallet I get an error "insufficient funds" when trying to send the balance. I only have a few coins and they show 13 confirmations, why am I getting this error trying to send my coins?

Hello,

Our network apply a 1% transaction tax as revenue model for the Midas Payment LTD.This is stated also in the first post.

This mean that if you have (example) 100 coins, and you try to send 100, it will say insufficient funds.You have to send as max 100-(1%).

We will update our wallet for do this adjustment automatically.

Regards

Actually looks like double taxation to me because there is only one centralized pool, and while it doesn't force you to withdraw, it annoys the hell of you after 250 MIDAS is accumulated. So miner pays 1% when moving coins from pool to wallet, and then another 1% when actually paying with coin to a vendor, 2% total. The only way to avoid paying network tax twice is to use coins from pool to pay directly to a vendor.

edit: I take that somewhat back. Most other pools have pool fee, MIDAS pool doesn't, so this "withdrawal" 1% tax is roughly equivalent to pool fees others charge.

Nothing innovative here, it will probably go down to where it should be (price of gold), it will also go down if the price of BTC will raise. The hashrate should only pass 20GH/s if the BTC price goes up..

So basically you should mine and sell as long as it's profitable

BTC's price going down, it will reach 200$ ~ 300$ in few month

Don't hold your breath

The current BTC downfall is a result of Alibaba IPO, and most Chinese people are buying Alibaba stock atm

i feel like it has alot of support around 400, it has been pretty stable for the last few days. and midas coin is independent of bitcoin since it is back by gold. so bitcoin could totally die and we can still be mining midas coin and making profit.

Nothing innovative here, it will probably go down to where it should be (price of gold), it will also go down if the price of BTC will raise. The hashrate should only pass 20GH/s if the BTC price goes up..

So basically you should mine and sell as long as it's profitable

BTC's price going down, it will reach 200$ ~ 300$ in few month

Don't hold your breath

The current BTC downfall is a result of Alibaba IPO, and most Chinese people are buying Alibaba stock atm

i feel like it has alot of support around 400, it has been pretty stable for the last few days. and midas coin is independent of bitcoin since it is back by gold. so bitcoin could totally die and we can still be mining midas coin and making profit.

It's not abut Alibaba or 40 thief, it's nature law, Bitcoin need to back at 200-300$.

Nothing innovative here, it will probably go down to where it should be (price of gold), it will also go down if the price of BTC will raise. The hashrate should only pass 20GH/s if the BTC price goes up..

So basically you should mine and sell as long as it's profitable

BTC's price going down, it will reach 200$ ~ 300$ in few month

Don't hold your breath

The current BTC downfall is a result of Alibaba IPO, and most Chinese people are buying Alibaba stock atm

i feel like it has alot of support around 400, it has been pretty stable for the last few days. and midas coin is independent of bitcoin since it is back by gold. so bitcoin could totally die and we can still be mining midas coin and making profit.

It's not abut Alibaba or 40 thief, it's nature law, Bitcoin need to back at 200-300$.

the lower the bitcoin price drops the more people will be interested in hopping on the roller coaster.

Nothing innovative here, it will probably go down to where it should be (price of gold), it will also go down if the price of BTC will raise. The hashrate should only pass 20GH/s if the BTC price goes up..

So basically you should mine and sell as long as it's profitable

BTC's price going down, it will reach 200$ ~ 300$ in few month

Don't hold your breath

The current BTC downfall is a result of Alibaba IPO, and most Chinese people are buying Alibaba stock atm

i feel like it has alot of support around 400, it has been pretty stable for the last few days. and midas coin is independent of bitcoin since it is back by gold. so bitcoin could totally die and we can still be mining midas coin and making profit.

It's not abut Alibaba or 40 thief, it's nature law, Bitcoin need to back at 200-300$.

the lower the bitcoin price drops the more people will be interested in hopping on the roller coaster.

Nothing innovative here, it will probably go down to where it should be (price of gold), it will also go down if the price of BTC will raise. The hashrate should only pass 20GH/s if the BTC price goes up..

So basically you should mine and sell as long as it's profitable

BTC's price going down, it will reach 200$ ~ 300$ in few month

Don't hold your breath

The current BTC downfall is a result of Alibaba IPO, and most Chinese people are buying Alibaba stock atm

i feel like it has alot of support around 400, it has been pretty stable for the last few days. and midas coin is independent of bitcoin since it is back by gold. so bitcoin could totally die and we can still be mining midas coin and making profit.

It's not abut Alibaba or 40 thief, it's nature law, Bitcoin need to back at 200-300$.

the lower the bitcoin price drops the more people will be interested in hopping on the roller coaster.

Nothing innovative here, it will probably go down to where it should be (price of gold), it will also go down if the price of BTC will raise. The hashrate should only pass 20GH/s if the BTC price goes up..

So basically you should mine and sell as long as it's profitable

BTC's price going down, it will reach 200$ ~ 300$ in few month

Don't hold your breath

The current BTC downfall is a result of Alibaba IPO, and most Chinese people are buying Alibaba stock atm

i feel like it has alot of support around 400, it has been pretty stable for the last few days. and midas coin is independent of bitcoin since it is back by gold. so bitcoin could totally die and we can still be mining midas coin and making profit.

It's not abut Alibaba or 40 thief, it's nature law, Bitcoin need to back at 200-300$.

the lower the bitcoin price drops the more people will be interested in hopping on the roller coaster.

Nothing innovative here, it will probably go down to where it should be (price of gold), it will also go down if the price of BTC will raise. The hashrate should only pass 20GH/s if the BTC price goes up..

So basically you should mine and sell as long as it's profitable

BTC's price going down, it will reach 200$ ~ 300$ in few month

Don't hold your breath

The current BTC downfall is a result of Alibaba IPO, and most Chinese people are buying Alibaba stock atm

i feel like it has alot of support around 400, it has been pretty stable for the last few days. and midas coin is independent of bitcoin since it is back by gold. so bitcoin could totally die and we can still be mining midas coin and making profit.

It's not abut Alibaba or 40 thief, it's nature law, Bitcoin need to back at 200-300$.

the lower the bitcoin price drops the more people will be interested in hopping on the roller coaster.

Is there another pool for this coin? The one pool that is setup my ASICs don't like. They will run for about 10 minutes, then will drop in hashrate and eventually stop all together. I also noticed the difficulty jumping an awful lot. It would go from 1600 to 600 to 200 to 1 and the back up almost randomly. I think this may be causing a problem for my machines.

I am really interested in mining this coin as I believe the value will go up after than the calculator shows. But as I understand this coin is supposed to be ASIC compatible but not so much with the FURYs.

Any suggestions? Maybe another pool I can try? A lot of the time if im having a problem it's usually with how the pool is setup and using a different pool fixes the situation.

Edit: for some reason "maybe but most likely not" keeps getting put after my question about another pool. So please disregard that. I really don't know why it keeps showing up in there.

Is there another pool for this coin? The one pool that is setup my ASICs don't like. They will run for about 10 minutes, then will drop in hashrate and eventually stop all together. I also noticed the difficulty jumping an awful lot. It would go from 1600 to 600 to 200 to 1 and the back up almost randomly. I think this may be causing a problem for my machines.

I am really interested in mining this coin as I believe the value will go up after than the calculator shows. But as I understand this coin is supposed to be ASIC compatible but not so much with the FURYs.

Any suggestions? Maybe another pool I can try? A lot of the time if im having a problem it's usually with how the pool is setup and using a different pool fixes the situation.

Edit: for some reason "maybe but most likely not" keeps getting put after my question about another pool. So please disregard that. I really don't know why it keeps showing up in there.

So I figured out the problem. The version of SGMiner I was using was using CGMiner 3.*.* which isnt supported by the pool. Downloaded 4.7 and everything looks to be working now . This actually helped me a lot seeing I was having problems with other pools as well.

Is there another pool for this coin? The one pool that is setup my ASICs don't like. They will run for about 10 minutes, then will drop in hashrate and eventually stop all together. I also noticed the difficulty jumping an awful lot. It would go from 1600 to 600 to 200 to 1 and the back up almost randomly. I think this may be causing a problem for my machines.

I am really interested in mining this coin as I believe the value will go up after than the calculator shows. But as I understand this coin is supposed to be ASIC compatible but not so much with the FURYs.

Any suggestions? Maybe another pool I can try? A lot of the time if im having a problem it's usually with how the pool is setup and using a different pool fixes the situation.

Edit: for some reason "maybe but most likely not" keeps getting put after my question about another pool. So please disregard that. I really don't know why it keeps showing up in there.

Same here, G-blades on Windows using cpuminer will work for some time, and then stop. They may restart at some point, but not always. G-blades on Raspi work much better, but accepted hashrate variations are huge. I tried to run separate instances of cpuminer per blade on Windows using stratumaverage.midaspool, same thing, first all is well, diff 512, occasionally going up to 6xx range, and then at some point mining stops, all I see is "stratum detected a new block" messages. Using stratumlow didn't help either, same scenario, at first all is good, diff climbes according to hashrate, and then at some point mining stops, diff drops to teens, and again just "detected new block" messages...

edit: BTW, on the same computer, same blades/cpuminer work just fine on nicehash with diff 512, and on clevermining with diff256/512, so it is something about midas pool for sure...

Is there another pool for this coin? The one pool that is setup my ASICs don't like. They will run for about 10 minutes, then will drop in hashrate and eventually stop all together. I also noticed the difficulty jumping an awful lot. It would go from 1600 to 600 to 200 to 1 and the back up almost randomly. I think this may be causing a problem for my machines.

I am really interested in mining this coin as I believe the value will go up after than the calculator shows. But as I understand this coin is supposed to be ASIC compatible but not so much with the FURYs.

Any suggestions? Maybe another pool I can try? A lot of the time if im having a problem it's usually with how the pool is setup and using a different pool fixes the situation.

Edit: for some reason "maybe but most likely not" keeps getting put after my question about another pool. So please disregard that. I really don't know why it keeps showing up in there.

Same here, G-blades on Windows using cpuminer will work for some time, and then stop. They may restart at some point, but not always. G-blades on Raspi work much better, but accepted hashrate variations are huge. I tried to run separate instances of cpuminer per blade on Windows using stratumaverage.midaspool, same thing, first all is well, diff 512, occasionally going up to 6xx range, and then at some point mining stops, all I see is "stratum detected a new block" messages. Using stratumlow didn't help either, same scenario, at first all is good, diff climbes according to hashrate, and then at some point mining stops, diff drops to teens, and again just "detected new block" messages...

edit: BTW, on the same computer, same blades/cpuminer work just fine on nicehash with diff 512, and on clevermining with diff256/512, so it is something about midas pool for sure...

This actually took me a long time to figure out. Check to see if the software you are running is CGMiner 3.* if it is look for 4.7.1. I've been using that for an hour so far without problems.